Sanders Trust expands again into new state

Birmingham-based The Sanders Trust will expand into its 25th state with a newly announced deal.

TST said it is developing an $11.2 million medical office building in the Glenview, Illinois, suburb of Chicago. After several acquisition deals throughout 2017, this development again expands the company's footprint.

“Not only is it a milestone for The Sanders Trust to enter its 25th state, but is also an honor to partner with a tenant that offers superb quality of care as we enter the high demand of the Chicago market,” said Rance Sanders, President and CEO of The Sanders Trust.

TST is partnering with Clarius Partners Development Services to construct the 30,000-square-foot facility. The building will be 100 percent leased by Fertility Centers of Illinois. The new facility will allow Fertility Centers to offer a range of fertility treatments to patients, with an emphasis on in vitro fertilization, according to a news release.

The Sanders Trust is headquartered in Birmingham and has developed or acquired more than $1 billion in medical real estate properties across the U.S. since it began in 1989.